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market report · 48632
Lake, MI · 48632
28 active listings$165,000 median ask$1,962 est. rent1.2% price/rent
$165,000
Median list price
$1,962/mo
Estimated rent
1.2%
Price / rent ratio
28
Listings
FHFA home price index · 2016–2025
153.3% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.67
Median rent / sqft
24 comps
$144.80
Median sold / sqft
24 comps
—
Walkability
6.7%
Area unemployment
BLS LAUS
Median household income $57,036 · median home value $146,400 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 84).
top deals · highest rent-to-price
11600 Red Oak St, Lake, MI 48632
Lake, MI
$79,000$1,607/mo2%
409 Hemlock St, Lake, MI 48632
Lake, MI
$90,000$1,642/mo1.8%
107 Hunter Dr, Lincoln, MI 48632
Lincoln, MI
$119,999$1,990/mo1.7%
8938 Gibson Ave, Lake, MI 48632
Lake, MI
$149,900$2,069/mo1.4%
8196 Ludington Dr, Lake, MI 48632
Lake, MI
$155,000$2,018/mo1.3%
7875 Lake St, Garfield Township, MI 48632
Garfield Township, MI
$164,999$2,135/mo1.3%